£1,400,000

Block of flats for sale

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  2. Property photo 2 of 6.
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Just added

Offers over

£1,400,000

(£831.85/sq. ft)

Block of flats for sale

Askew Road, London W12

1,683 sq. ft

Local area information

Property location

Nearby amenities

  • Good Shepherd RC Primary School 0.1 miles
  • Wendell Park Primary School 0.2 miles
  • Stamford Brook 0.7 miles
  • Goldhawk Road 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for East Acton, Brackenbury Village and Hammersmith and Fulham to find out more about the local area.

Features and description

  • Freehold
  • HMO + 2 bed flat
  • Shop is tenanted
  • High yielding
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Location
The property is located on Askey Road, in the London Borough of Hammersmith and Fulham. Askew Road is a through road which connects Uxbridge Road with Goldhawk Road. Locally, the area is predominately residential, interspered with commercial premises along Askew Road and the surrounding roads.

Transport links for the property are good, with various bus routes running along Askew Road, whilst Stamford Brook, Goldhawk Road and Shephers Bush Market Stations are within approximately 1 mile of the property.

Description
The shop is arranged over ground floor only, with the HMO located on the 1st, 2nd and 3rd floors. The two bed apartment is located over the 1st and 2nd floors.

Tenancy income
Shop: £12,000 pax - 15 years from March 2023.
Studio A1: £16,200 pax (excluding bills) **
Studio A2: £16,200 pax (excluding bills) **
Flat B: £35,598.36 pax (excluding bills) *
Studio C1: £17,400 pax (including 3rd-floor kitchen, excluding bills) **
Studio C2: £16,152 pax (including bills) *

Total £113,550.36 per annum

** With rent guarantee insurance
* With rent guarantor

Price Offers in excess of £1,400,000 for the benefit of the 100% shares in the spv holding company which holds the freehold title. This represents a gross yield of 8.11%.
VAT tbc
EPC


Retail - c-69
HMO’s - Range from d-69 to c-77

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. West London
  5. Hammersmith
  6. Askew Road